Crypto Site Attempts to Raise $50 Million For Bushfire Fundraiser

Finder and HiveEx have just gone live with a Crypto Bushfire Fundraiser to rally the global cryptocurrency community behind helping Australia’s bushfire crisis. They are hoping to raise $50 million in cryptocurrency that HiveEx will convert into Australian Dollars and donate to the NSW Rural Fire Service Association.

Australian Crypto Bushfire Fundraiser

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Comments from Fred Schebesta, Co-founder of Finder and HiveEx:

"The bushfires raging across Australia are the worst we've ever seen. It's going to take months, even years to recover and it could get worse before it ends. We've already lost thousands of homes, millions of hectares of land destroyed and a billion wildlife have perished.

"The Australian Crypto Bushfire Fundraiser is bringing together the world's crypto community to help where it's needed. We've set up crypto wallet addresses where anyone can donate into these. As a leading crypto brokerage that specialises in large trades, HiveEx is equipped to convert the crypto into Australian dollars which will go directly to the NSW Rural Fire Service Association. Total donations will be transferred to the RFSA – we will not be taking any fees or profit from the trades.

"People from all over the world are using foreign exchange services, banks and payments platforms to donate to Australia. These donations are being reduced due to exchange rates and transaction fees. We want to help make it easier and more cost effective to raise funds globally for this disaster with cryptocurrencies, so more money goes straight to the cause.

"We're calling on the crypto community to share our page with your networks and open your digital wallets to help Australia."

What do you think about the Australian Bushfire Fundraiser? Tell us in the comments section.



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Jacob Wolinsky
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver